Flexible Budgeting and X player.php ENGAGE LINKS 4 DII R F CALC 000 000 Variance Analysis DR CR [Niagara College 10/2022 LTI] HC X Wages Expense Total Variable Costs Contribution Margin Fixed Costs 96 5 Revenue Variable Costs Cost of Sales (Food & Beverages) Lease Expense Marketing Expense Total Fixed Costs Income from Operations T SCRIPT Static Budget Exercise Calculate the variance for each item and indicate whether it is favorable ("F") or unfavorable ("U"). G B 6 anders Q Search CC F6 H Dining Palace Static Budget Variance Report For the Month Ended January 31, 2020 & 7 N + U J Actual Results Powered by AME LearningTM F8 * $80,000 00 32,000 $27,500 59,500 20,500 DLDCL 8 8,000 5,000 13,000 $7,500 M K FO ( Static Budget Variance 0 prt sc alt F10 F LS Static Budget - Exercise L 27 home SUBMIT $65,000 P 00 Static Budget F11 ctri 27,000 $23,000 50,000 15,000 8,000 5,000 13,000 $2,000 end F12 { SLIDE 5/1 [ D + ? Insert